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Franchise Training and Other Assistance
The disclosure document will explain the franchisor's training and
assistance program. Make sure you understand the level of training
offered. The following checklist will help you ask the right questions.
- How many employees are eligible for training?
- Can new employees receive training and, if so, is there any
additional cost?
- How long are the training sessions?
- How much time is spent on technical training, business management
training, and marketing?
- Who teaches the training courses and what are their
qualifications?
- What type of ongoing training does the company offer and at what
cost?
- Whom can you speak to if problems arise?
- How many support personnel are assigned to your area?
- How many franchisees will the support personnel service?
- Will someone be available to come to your franchised outlet to
provide more individual assistance?
The level of training you need depends on your own business
experience and knowledge of the franchisor's goods and services. Keep in
mind that a primary reason for investing in the franchise, as opposed to
starting your own business, is training and assistance. If you have
doubts that the training might be insufficient to handle day-to-day
business operations, consider another franchise opportunity more suited
to your background.